European stock indexes closed broadly lower for Monday, with the German DAX taking pride-of-place as the biggest loser for the day, shedding 151 point
FTSE, CAC40 lose 60 points apiece, DAX tumbles 151 points.indexes closed broadly lower for Monday, with the German DAX taking pride-of-place as the biggest loser for the day, shedding 151 points to end the day down just shy of a percent, near €15,405.00.
Monday overall is striking bearish notes across the board for equities after the Shanghai Composite and Hang Seng indexes closed in the red at -0.48% and -1.82% respectively. The FTSE shed 0.85% and the CAC40 declined 0.85%.The FTSE is at risk of taking a bearish turn on daily candlesticks, with the UK's main equity index continuing to slip from near-term highs at the £7,750.00 level.
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